Daily Research 09 August 2017

S2 S1 IDX R1 R2
5,675.5 5,749.2   5,810.5 5,840.9 5,910.2
  • Dow Jones closed 0.15% lower at 22,085.3 levels as US President warns North Korea on the nuclear weapon the country have.
  • Regional market traded down this morning due to rising geopolitical risks.
  • IDX closed higher yesterday but it closed below strong diagonal resistance line.
  • In all we think that IDX to trade on negative territory today.
BJTM

Sell on strength

S2 S1 Level R1 R2
620 655 685 705 750

BJTM edged higher with a enough volume but with a close near its diagonal resistance that could slow down the upswing.

INDF

Sell on strength

S2 S1 Level R1 R2
7,950 8,200 8,400 8,400 8,775

INDF was in the positive territory with a bullish engulfing pattern but with the presences of resistance that could limit the positive opportunity.

LSIP

Trading buy

S2 S1 Level R1 R2
1,300 1,375 1,430 1,470 1,520

LSIP moved higher after taking deep pressure in the last several days with a bullish engulfing pattern suggesting a rebound momentum

PTBA

Sell on strength

S2 S1 Level R1 R2
12,400 13,000 13,550 14,200 15,000

PTBA moved in the negative side with a bearish engulfing pattern after unable to break its recent high that could lead to another downturn.

* This report is for informational purposes only. This report is exclusively published for the use of Kiwoom Securities clients, and may not be reproduced or distributed. While the information was collected from secure sources, Kiwoom Security does not guarantee the accuracy or reliability of the information. Kiwoom Securities bears no liability for any losses that may occur from investments based on the information provided in this report.

Daily Research 09 August 2017

S2 S1 IDX R1 R2
5,675.5 5,749.2   5,810.5 5,840.9 5,910.2
  • Dow Jones closed 0.15% lower at 22,085.3 levels as US President warns North Korea on the nuclear weapon the country have.
  • Regional market traded down this morning due to rising geopolitical risks.
  • IDX closed higher yesterday but it closed below strong diagonal resistance line.
  • In all we think that IDX to trade on negative territory today.
BJTM

Sell on strength

S2 S1 Level R1 R2
620 655 685 705 750

BJTM edged higher with a enough volume but with a close near its diagonal resistance that could slow down the upswing.

INDF

Sell on strength

S2 S1 Level R1 R2
7,950 8,200 8,400 8,400 8,775

INDF was in the positive territory with a bullish engulfing pattern but with the presences of resistance that could limit the positive opportunity.

LSIP

Trading buy

S2 S1 Level R1 R2
1,300 1,375 1,430 1,470 1,520

LSIP moved higher after taking deep pressure in the last several days with a bullish engulfing pattern suggesting a rebound momentum

PTBA

Sell on strength

S2 S1 Level R1 R2
12,400 13,000 13,550 14,200 15,000

PTBA moved in the negative side with a bearish engulfing pattern after unable to break its recent high that could lead to another downturn.

* This report is for informational purposes only. This report is exclusively published for the use of Kiwoom Securities clients, and may not be reproduced or distributed. While the information was collected from secure sources, Kiwoom Security does not guarantee the accuracy or reliability of the information. Kiwoom Securities bears no liability for any losses that may occur from investments based on the information provided in this report.

Kiwoom Trader 09 August 2017

Dow Jones turun 0.15% ditutup pada level 22,085.3 atas kekuatiran geopolitik setelah Presiden Amerika Serikat memperingati Korea Utara atas senjata nuklir yang dimiliki. Bursa regional diperdagangkan cenderung menurun pagi ini. IHSG berhasil ditutup naik kemarin namun penutupan masih dibawah garis diagonal resistance kuat. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BJTM 685 Sell on Strength 620 655 705 750
INDF 8,400 Sell on Strength 7,950 8,200 8,550 8,775
LSIP 1,430 Trading buy 1,300 1,375 1,470 1,520
PTBA 13,550 Sell on Strength 12,400 13,000 14,200 15,000

*This report is for informational purposes only. This report is exclusively published for the use of Kiwoom Securities clients, and may not be reproduced or distributed. While the information was collected from secure sources, Kiwoom Security does not guarantee the accuracy or reliability of the information. Kiwoom Securities bears no liability for any losses that may occur from investments based on the information provided in this report.Best Regards,

Kiwoom Trader 24 July 2017

Dow Jones turun 31.7 poin ditutup pada level 21,580.07 akhir pekan lalu seiring penurunan saham General Electric. Sebagian besar bursa kawasan Eropa juga diperdagangkan turun hari Jumat. EIDO turun 1.84% hari Jumat pada level 26.61. Harga minyak turun akhir pekan lalu kendati US Dollar Index turun ke level 93.8 seiring kenaikan Euro terhadap USD. Bursa regional dibuka turun pagi ini. IHSG turun di bawah garis diagonal support kuat hari Jumat, seiring masih berlanjutnya minat jual investor asing. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BMRI 13,050 Sell 12,150 12,600 13,500 14,000
INCO 2,190 Sell on Strength 1,960 2,050 2,270 2,390
INDF 8,575 Sell on Strength 8,150 8,400 8,925 9,200
TLKM 4,560 Buy on Weakness 4,420 4,500 4,660 4,790

 

*This report is for informational purposes only. This report is exclusively published for the use of Kiwoom Securities clients, and may not be reproduced or distributed. While the information was collected from secure sources, Kiwoom Security does not guarantee the accuracy or reliability of the information. Kiwoom Securities bears no liability for any losses that may occur from investments based on the information provided in this report.Best Regards,

Daily Research 04 July 2017

S2 S1 IDX R1 R2
5,749.6 5,792.9   5,910.2 5,930.0 5,970.0
  • Dow Jones closed 0.6% higher at 21,479.3 level ahead of 4th July Independence Day.
  • Regional bourses traded relatively positive this morning.
  • IDX closed higher at fresh new highs but it closed at strong diagonal resistance line which cap positive momentum.
  • We expect IDX to trade relatively negative today as investors lock profits.
BBRI

Sell on Strength

S2 S1 Level R1 R2
14,250 14,800 15,500 16,000 16,500

BBRI closed a session higher with a high volume but closed in its diagonal resistance and near overbought RSI trend that could limit the upswing.

INDF

Sell on Strength

S2 S1 Level R1 R2
8,300 8,600 8,775 8,925 9,200

INDF traded higher within the last 4 days and closed near its horizontal resistance line, and thus limit upside potential.

PGAS

Trading Buy

S2 S1 Level R1 R2
2,200 2,290 2,350 2,430 2,540

PGAS was in the positive side followed by an increasing volume indicating a further up potential.

TLKM

Sell on Strength

S2 S1 Level R1 R2
4,420 4,500 4,790 4,850 5,000

TLKM ended the trading positively with a high volume but closed in its diagonal resistance and overbought RSI trend that could limit the upswing.

* This report is for informational purposes only. This report is exclusively published for the use of Kiwoom Securities clients, and may not be reproduced or distributed. While the information was collected from secure sources, Kiwoom Security does not guarantee the accuracy or reliability of the information. Kiwoom Securities bears no liability for any losses that may occur from investments based on the information provided in this report.

Kiwoom Trader 04 July 2017

Dow Jones naik 0.6% ditutup pada level 21,479.3 kemarin menjelang libur perayaan hari kemerdekaan 4 Juli. Bursa regional diperdagangkan relatif positif pagi ini. IHSG membukukan rekor tertinggi baru kemarin namun ditutup tepat pada garis diagonal resisten kuat. Potensi penguatan IHSG hari ini cukup terbatas. Kami memperkirakan IHSG bergerak cenderung menurun hari ini seiring langkah profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
BBRI 15,500 Sell on Strength 14,250 14,800 16,000 16,500
INDF 8,775 Sell on Strength 8,300 8,600 8,925 9,200
PGAS 2,350 Trading Buy 2,200 2,290 2,430 2,540
TLKM 4,790 Sell on Strength 4,420 4,500 4,850 5,000

*This report is for informational purposes only. This report is exclusively published for the use of Kiwoom Securities clients, and may not be reproduced or distributed. While the information was collected from secure sources, Kiwoom Security does not guarantee the accuracy or reliability of the information. Kiwoom Securities bears no liability for any losses that may occur from investments based on the information provided in this report.Best Regards,

Daily Research 20 June 2017

S2 S1 IDX R1 R2
5,590.5 5,668.7   5,723.6 5,837.2 5,900.0
  • Dow Jones closed 0.68% higher at fresh all-time high at 21,528.99 levels backed by technology sector.
  • Regional bourses traded relatively positive this
    morning.
  • IDX’s candlestick formed bullish harami near strong diagonal support line. IDX may get technical rebound to test all-time high at 5,792 levels.
  • We expect IDX to trade positive today backed by window dressing sentiments ahead of Lebaran holiday.
AKRA

Trading Buy

S2 S1 Level R1 R2
6,050 6,200 6,350 6,575 6,750

AKRA ended the trading positively followed with a high volume indicating another upside potential.

INDF

Speculative Buy

S2 S1 Level R1 R2
8,025 8,200 8,325 8,550 8,750

INDF closed the session lower near its diagonal support without volume that could dampen a further downside movement.

MIKA

Sell on Strength

S2 S1 Level R1 R2
1,850 1,950 2,050 2,180 2,280

MIKA moved in the negative side with a bearish engulfing pattern after increase a few days so that could lead to a further downturn.

WIKA

Speculative Buy

S2 S1 Level R1 R2
2,000 2,180 2,200 2,280 2,380

WIKA closed the session down near its horizontal support with a low volume suggesting a limited downside potential.

* This report is for informational purposes only. This report is exclusively published for the use of Kiwoom Securities clients, and may not be reproduced or distributed. While the information was collected from secure sources, Kiwoom Security does not guarantee the accuracy or reliability of the information. Kiwoom Securities bears no liability for any losses that may occur from investments based on the information provided in this report.